Hindenburg effect! Adani group stocks plunge up to 17%; AESL, AGEL, ATGL lead fall
The cumulative market capitalisation of 10 Adani Group stocks dropped by up to ₹55,000 crore to ₹16.5 lakh crore.
The cumulative market capitalisation of 10 Adani Group stocks dropped by up to ₹55,000 crore to ₹16.5 lakh crore.
BHEL has secured two orders worth ₹7,000 crore from Adani Power to set up thermal power plants in Raipur and Mirzapur.
Sensex, Nifty fall as Adani Group stocks crash during early trends of Lok Sabha poll results
The infrastructure arm of Adani Group stock will replace Wipro from the Sensex-30 pack from June 24, 2024.
The Adani Group stock has zoomed over 3-fold from its low of ₹1,017.45 hit on February 3, 2023, in the aftermath of Hindenburg report.
Adani group stocks fell in the range of 2-8% amid a report that the U.S. government widened its probe against the conglomerate over suspicions of bribery.
All 10 Adani group stocks were trading in green on Monday, propelling the combined m-cap of the conglomerate to ₹15.5 lakh mark.
Adani Saur Urja and Adani Renewable Energy Holding Nine, subsidiaries of Adani Green Energy, have incorporated wholly-owned subsidiaries.
Adani Total Gas shares touched its 20% upper circuit limit, while Adani Energy Solutions, Adani Power, Adani Enterprises, NDTV, Adani Green rose between 10-19%.
Adani Total Gas shares touched two-year low, while Adani Enterprises extends losing streak for the 9th straight session.